One of the phenomena in recent times, in the world property arena, has been the rush of the beautiful super rich into Dubai. This lemming like rush is being driven by film stars, footballers, bonus laden city bankers and the like.
A dictatorship governed by Sharia law, at the bottom of its oil resources is creating an artificial world from which it hopes to live on in the future…in the style to which it has become accustomed.
The Burg Dubai is already the world’s tallest building and still growing.
The Dubai Mall is the biggest shopping mall in the world.
The Burg al Arab hotel is marketed as being the best and most luxurious on the planet.
Dubailand is the world’s largest theme park.
We are to have golf courses and a Formula 1 race track plus plus!
We are talking about what is currently the biggest construction site in the world with many projects being ‘manufactured’ on man made islands off shore.
For Europeans one is talking about living in a soulless, overpowering, concrete steel and glass alien environment.
Do such people have rights in such an environment?
If, as we must believe, sea levels are rising what happens to the Palms and its brethren?
How are foundations designed and calculated for say a ninety storey building in such geological conditions?
Gerrygalvin1@gmail.com
Thursday, April 23, 2009
Tuesday, April 21, 2009
Resumption of blog after a long lapse
Much has happened since our last blog. We have closed down the office of PCI-International and the writer, Gerry Galvin, is now operating from home in Playa de Las Américas, Tenerife, as a sole trader (Irish Estate Agent and Property Consultant) with new contact details including a new e-mail address:
gerrygalvin1@gmail.com
Talks of economic crises have become somewhat depressing and, fortunately, there is already evidence that we have hit the floor and from that platform things can only move in one direction: upwards; albeit slowly. Tenerife particularly retains it's magic and with more adventurous investors, who drifted further afield, potentially if not actually in for a 'scalding' I believe that it will become even more popular as an investment destination as time goes by.
Life goes on. La vida sigue.
Watch this space!!
gerrygalvin1@gmail.com
Talks of economic crises have become somewhat depressing and, fortunately, there is already evidence that we have hit the floor and from that platform things can only move in one direction: upwards; albeit slowly. Tenerife particularly retains it's magic and with more adventurous investors, who drifted further afield, potentially if not actually in for a 'scalding' I believe that it will become even more popular as an investment destination as time goes by.
Life goes on. La vida sigue.
Watch this space!!
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